IPO

TechEra Engineering Limited IPO

NSE SME

Listed On: Oct 3, 2024 at ₹ 125.0

₹ 131200 /1600 Shares

Check Allotment

Expected Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

TechEra Engineering IPO Details

25 Sep, 2024

Open Date

27 Sep, 2024

Close Date

30 Sep, 2024

Allotment Date

03 Oct, 2024

Listing Date

Issue Price

₹75-82 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

125.0

Listing Date

2024-10-03

Market Lot

1600 Shares (₹131,200/-)

Lead Manager

SKI Capital Services Limited

Issue Size

4,377,600 shares(aggregating up to ₹35.90 Cr)

Retail Portion

35%

Subscription

69.79 times

IPO Docs

DRHP RHP

TechEra Engineering IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved832,000 / 843,2001,456,0002,912,000
Day 1 - 25-09-24 06:00 PM0.00 / 2.41 x3.13 x2.10 x
Day 2 - 26-09-24 06:00 PM0.27 / 6.92 x13.56 x8.34 x
Day 3 - 27-09-24 06:00 PM31.22 / 129.21 x66.37 x69.79 x
Total No. of Applications: 60,467 (Approx)

TechEra Engineering Valuations

EPS Pre IPO

₹3.97/-

EPS Post IPO

₹2.92/-

P/E Pre IPO

20.65

P/E Post IPO

28.09

RoNW

30.33%

TechEra Engineering Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22

About The Company

chera Engineering (India) Limited designs, manufactures and supplies precise tooling and components for the aerospace and defence industries. The company also provides automation system solutions.The company makes assembly tools, jigs, fixtures, maintenance and repair tools, ground support equipment, and precision machined components. It uses advanced manufacturing technologies, such as 5-axis machining and 3D modelling, to meet the needs of its target sectors.

The company has been certified for ISO 9001:2015 and ISO 14001:2018, reflecting its adherence to quality management systems.As of September 2024, the company employs 177 full-time qualified professionals.

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TechEra Engineering - Promoter(s)

Pre Issue Share Holding: 57.48%

Post Issue Share Holding: %

Company Promoter(s)

  1. Nimesh Rameshchandra Desai
  2. Meet Nimesh Desai
  3. Kalpana Nimesh Desai

TechEra Engineering IPO - Issue Objectives

  1. Funding capital expenditure for the purchase of new machinery
  2. Funding working capital requirements of the Company
  3. Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company
  4. General corporate purposes
  5. Issue expenses

TechEra Engineering IPO - FAQs

Ans. TechEra Engineering Limited IPO is a SME IPO. The issue is priced at ₹75-82 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Sep 25, 2024, and closes on Sep 27, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The TechEra Engineering Limited IPO opens on Sep 25, 2024 and closes on Sep 27, 2024.

Ans. The size of TechEra Engineering Limited IPO is 4,377,600 shares(aggregating up to ₹35.90 Cr).

Ans. The IPO price band is set between ₹75-82 per equity share.

Ans. To apply for TechEra Engineering Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find TechEra Engineering Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of TechEra Engineering Limited IPO is Sep 30, 2024.

Ans. The TechEra Engineering Limited IPO will be listed on Oct 3, 2024.

Ans. Follow the steps to check the allotment status for TechEra Engineering Limited IPO here.